Valuation Update With 7 Day Price Move • 16h
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to zł34.00, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 10x in the Electronic industry in Poland. Total returns to shareholders of 86% over the past three years. Reported Earnings • Dec 01
Third quarter 2025 earnings released: EPS: zł0.58 (vs zł0.37 in 3Q 2024) Third quarter 2025 results: EPS: zł0.58 (up from zł0.37 in 3Q 2024). Revenue: zł744.7m (up 19% from 3Q 2024). Net income: zł8.99m (up 46% from 3Q 2024). Profit margin: 1.2% (up from 1.0% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings. Reported Earnings • Oct 05
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: zł713.1m (up 35% from 2Q 2024). Net income: zł10.9m (up 124% from 2Q 2024). Profit margin: 1.5% (up from 0.9% in 2Q 2024). Reported Earnings • May 30
First quarter 2025 earnings released: EPS: zł0.47 (vs zł0.85 in 1Q 2024) First quarter 2025 results: EPS: zł0.47 (down from zł0.85 in 1Q 2024). Revenue: zł663.6m (up 7.8% from 1Q 2024). Net income: zł7.71m (down 52% from 1Q 2024). Profit margin: 1.2% (down from 2.6% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Anuncio • May 22
Action S.A., Annual General Meeting, Jun 17, 2025 Action S.A., Annual General Meeting, Jun 17, 2025. New Risk • May 19
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 35% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (zł289.5m market cap, or US$75.5m). New Risk • Dec 01
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 30% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (zł272.9m market cap, or US$67.2m). Reported Earnings • Nov 29
Third quarter 2024 earnings released: EPS: zł0.37 (vs zł0.43 in 3Q 2023) Third quarter 2024 results: EPS: zł0.37 (down from zł0.43 in 3Q 2023). Revenue: zł627.5m (down 2.1% from 3Q 2023). Net income: zł6.17m (down 24% from 3Q 2023). Profit margin: 1.0% (down from 1.3% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. New Risk • Oct 02
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 28% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (zł283.8m market cap, or US$73.1m). Reported Earnings • Oct 01
Second quarter 2024 earnings released: EPS: zł0.26 (vs zł0.26 in 2Q 2023) Second quarter 2024 results: EPS: zł0.26. Revenue: zł530.3m (down 5.3% from 2Q 2023). Net income: zł4.86m (down 6.0% from 2Q 2023). Profit margin: 0.9% (in line with 2Q 2023). Anuncio • Aug 16
Action S.A. Provides Group Earnings Guidance for the Second Quarter and Six Months of 2024 Action S.A. provided group earnings guidance for the second quarter and six months of 2024. for the quarter, the company expects revenue of PLN 530.3 million (EUR 123.7 million) and net profit of PLN 1.18 million (EUR 275,000).
for the six months, the company expects estimates sales revenue at PLN 1.14 billion (EUR 265.9 million) and net profit at PLN 17.05 million (EUR 4 million). New Risk • Jun 13
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 28% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (zł336.5m market cap, or US$83.6m). Anuncio • Jun 06
Mariusz Jaworski acquired a 8.03% stake in Action S.A. (WSE:ACT). Mariusz Jaworski acquired a 8.03% stake in Action S.A. (WSE:ACT) on June 4, 2024. Mariusz Jaworski completed the acquisition of a 8.03% stake in Action S.A. (WSE:ACT) on June 4, 2024. Anuncio • May 25
Action S.A., Annual General Meeting, Jun 19, 2024 Action S.A., Annual General Meeting, Jun 19, 2024. Reported Earnings • Apr 26
Full year 2023 earnings released: EPS: zł1.88 (vs zł2.44 in FY 2022) Full year 2023 results: EPS: zł1.88 (down from zł2.44 in FY 2022). Revenue: zł2.51b (up 6.1% from FY 2022). Net income: zł36.8m (down 25% from FY 2022). Profit margin: 1.5% (down from 2.1% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance. Reported Earnings • Dec 01
Third quarter 2023 earnings released: EPS: zł0.43 (vs zł0.61 in 3Q 2022) Third quarter 2023 results: EPS: zł0.43 (down from zł0.61 in 3Q 2022). Revenue: zł641.0m (up 11% from 3Q 2022). Net income: zł8.13m (down 33% from 3Q 2022). Profit margin: 1.3% (down from 2.1% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 54% per year, which means it is well ahead of earnings. Reported Earnings • Jun 05
First quarter 2023 earnings released: EPS: zł0.46 (vs zł0.51 in 1Q 2022) First quarter 2023 results: EPS: zł0.46 (down from zł0.51 in 1Q 2022). Revenue: zł586.2m (up 6.4% from 1Q 2022). Net income: zł9.26m (down 9.9% from 1Q 2022). Profit margin: 1.6% (down from 1.9% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 76% per year, which means it is well ahead of earnings. Anuncio • May 26
Action S.A., Annual General Meeting, Jun 21, 2023 Action S.A., Annual General Meeting, Jun 21, 2023, at 11:00 Central European Standard Time. Reported Earnings • Apr 26
Full year 2022 earnings released: EPS: zł2.44 (vs zł5.03 in FY 2021) Full year 2022 results: EPS: zł2.44 (down from zł5.03 in FY 2021). Revenue: zł2.37b (up 2.6% from FY 2021). Net income: zł49.0m (down 52% from FY 2021). Profit margin: 2.1% (down from 4.4% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 72% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Dec 01
Third quarter 2022 earnings released: EPS: zł0.001 (vs zł0.52 in 3Q 2021) Third quarter 2022 results: EPS: zł0.001 (down from zł0.52 in 3Q 2021). Revenue: zł577.1k (down 100% from 3Q 2021). Net income: zł12.2k (down 100% from 3Q 2021). Profit margin: 2.1% (up from 1.9% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has increased by 71% per year, which means it is tracking significantly ahead of earnings growth. Buying Opportunity • Nov 22
Now 20% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be zł17.43, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company has become profitable. Buying Opportunity • Nov 07
Now 22% undervalued Over the last 90 days, the stock is up 2.1%. The fair value is estimated to be zł17.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Sep 30
Second quarter 2022 earnings released: EPS: zł0.37 (vs zł2.20 in 2Q 2021) Second quarter 2022 results: EPS: zł0.37 (down from zł2.20 in 2Q 2021). Revenue: zł564.4m (up 5.7% from 2Q 2021). Net income: zł7.48m (down 83% from 2Q 2021). Profit margin: 1.3% (down from 8.2% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 66% per year and the company’s share price has also increased by 66% per year. Anuncio • May 21
Action S.A., Annual General Meeting, Jun 22, 2022 Action S.A., Annual General Meeting, Jun 22, 2022, at 10:30 Central European Standard Time. Reported Earnings • Dec 02
Third quarter 2021 earnings: EPS and revenues miss analyst expectations Third quarter 2021 results: EPS: zł0.52 (up from zł0.40 in 3Q 2020). Revenue: zł541.5m (up 17% from 3Q 2020). Net income: zł10.4m (up 55% from 3Q 2020). Profit margin: 1.9% (up from 1.4% in 3Q 2020). Revenue missed analyst estimates by 4.7%. Earnings per share (EPS) also missed analyst estimates by 783%. Earnings per share (EPS) missed analyst estimates by 783%. Over the last 3 years on average, earnings per share has increased by 127% per year but the company’s share price has only increased by 69% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 01
Second quarter 2021 earnings released: EPS zł2.20 (vs zł0.19 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: zł533.9m (up 11% from 2Q 2020). Net income: zł44.0m (up zł40.8m from 2Q 2020). Profit margin: 8.2% (up from 0.7% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 135% per year but the company’s share price has only increased by 67% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jun 05
First quarter 2021 earnings released: EPS zł0.91 (vs zł0.094 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: zł525.3m (up 12% from 1Q 2020). Net income: zł18.3m (up zł16.7m from 1Q 2020). Profit margin: 3.5% (up from 0.3% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 137% per year but the company’s share price has only increased by 59% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 04
Full year 2020 earnings released: EPS zł10.83 (vs zł0.29 loss in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: zł2.06b (up 26% from FY 2019). Net income: zł185.1m (up zł190.1m from FY 2019). Profit margin: 9.0% (up from net loss in FY 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 128% per year but the company’s share price has only increased by 51% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment improved over the past week After last week's 15% share price gain to zł9.38, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 9x in the Electronic industry in Poland. Total returns to shareholders of 204% over the past three years. Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment improved over the past week After last week's 16% share price gain to zł7.44, the stock is trading at a trailing P/E ratio of 8.4x, up from the previous P/E ratio of 7.2x. This compares to an average P/E of 9x in the Electronic industry in Poland. Total returns to shareholders over the past three years are 128%. Is New 90 Day High Low • Feb 18
New 90-day high: zł6.66 The company is up 48% from its price of zł4.49 on 20 November 2020. The Polish market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 17% over the same period. Is New 90 Day High Low • Jan 07
New 90-day high: zł6.40 The company is up 61% from its price of zł3.98 on 09 October 2020. The Polish market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 14% over the same period. Valuation Update With 7 Day Price Move • Dec 18
Investor sentiment improved over the past week After last week's 16% share price gain to zł5.80, the stock is trading at a trailing P/E ratio of 6.5x, up from the previous P/E ratio of 5.7x. This compares to an average P/E of 7x in the Electronic industry in Poland. Total returns to shareholders over the past three years are 86%. Is New 90 Day High Low • Dec 17
New 90-day high: zł5.54 The company is up 2.0% from its price of zł5.42 on 18 September 2020. The Polish market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 7.0% over the same period. Reported Earnings • Dec 02
Third quarter 2020 earnings released: EPS zł0.40 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: zł464.8m (up 14% from 3Q 2019). Net income: zł6.69m (up zł10.8m from 3Q 2019). Profit margin: 1.4% (up from net loss in 3Q 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 30
Market bids up stock over the past week After last week's 17% share price gain to zł5.30, the stock is trading at a trailing P/E ratio of 21.2x, up from the previous P/E ratio of 18.2x. This compares to an average P/E of 9x in the Electronic industry in Poland. Total returns to shareholders over the past three years are 64%. Is New 90 Day High Low • Oct 29
New 90-day low: zł3.89 The company is down 21% from its price of zł4.92 on 30 July 2020. The Polish market is down 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 1.0% over the same period.